Brompton Energy Split Corp. Announces Preferred Share Distribution Rate
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 27 2025
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Should l Buy ?
Source: Globenewswire
Preferred Share Distribution Announcement: Brompton Energy Split Corp. has set a new distribution rate of $0.725 per Preferred Share per annum (7.25% on a $10 par value) for the term from March 29, 2025, to March 30, 2027, based on current market rates.
Shareholder Retraction Option: Shareholders can retract their Preferred or Class A Shares on March 28, 2025, at a price calculated as if the Fund were terminating, with the option to sell shares at market price or continue holding them.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
